reacquired shares at $74 per share. The remaining 400 shares were sold at $64 per share on November 30. a. Journalize the transactions of May 14, September 6, and November 30 . For a compound transaction, if an amount box does not require an entry, leave it blank. Feedback V Check My Work and the price the shares are resold for at a later date. b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? c. Where will the balance in Paid-In Capital from Sale of Treasury Stock be reported on the balance sheet? d. For what reasons might Biscayne Bay Water Inc. have purchased the treasury stock? X reacquired shares at $74 per share. The remaining 400 shares were sold at $64 per share on November 30. a. Journalize the transactions of May 14, September 6, and November 30. For a compound transaction, if an amount box does not require an entry, leave it blank. M Si N and the price the shares are resold for at a later date. b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? c. Where will the balance in Paid-In Capital from Sale of Treasury Stock be reported on the balance sheet? d. For what reasons might Biscayne Bay Water Inc. have purchased the treasury stock? x reacquired shares at $74 per share. The remaining 400 shares were sold at $64 per share on November 30 . a. Journalize the transactions of May 14, September 6, and November 30 . For a compound transaction, if an amount box does not require an entry, leave it blank. May 14 Sept. 6 X Paid-in Capital from Sale of Treasury Stock Nov. 30 and the price the shares are resold for at a later date. b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? c. Where will the balance in Paid-In Capital from Sale of Treasury Stock be reported on the balance sheet? d. For what reasons might Biscayne Bay Water Inc. have purchased the treasury stock? X reacquired shares at $74 per share. The remaining 400 shares were sold at $64 per share on November 30 . a. Journalize the transactions of May 14, September 6 , and November 30. For a compound transaction, if an amount box does not require an entry, leave it blank. M s N Feedback Theck My Work and the price the shares are resold for at a later date. b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year? c. Where will the balance in Paid-In Capital from Sale of Treasury Stock be reported on the balance sheet? d. For what reasons might Biscayne Bay Water Inc. have purchased the treasury stock? x To support the market price of the stock. To provide shares for resale to employees. For reissuance to employees as a bonus according to stock purchase agreements. None of these reasons. All of these reasons